All Forum Posts by: James Phillips

I've done this. We used a preferred return of 8% plus the equity split. This structure helps to incentivize investors for the capital raising process. Still made strong returns as the GP. Could you share more about what you're up to? Are you raising money for a singular project, or do you have some set of investment parameters for projects for which you're raising money? BTW, I'm planning to move to Columbus and looking for people to connect/work with. Have some liquid cash to invest. 

@Kristin Flores-Brockman Really? Okay, I'll check it out, thanks!

@Diego A. Haven't made the jump quite yet, but thanks!

@Kristin Flores-Brockman Hey Kristin. Open to other areas as well!

@Bruce Lynn Thanks, man!

Hello all, 

My family and I are considering a move to Dallas, and I'm hoping to connect with real estate investors who are actively running a flipping, BRRR, or development business. Ideally, I'd like to find someone looking for both a dedicated team member and a potential capital partner.

I have a master's degree in finance, but my real passion is in real estate and construction. My background includes project management, financial modeling, and launching a real estate private equity fund. I currently lead development efforts for a design/build firm, overseeing everything from financial analysis and underwriting to deal structuring and execution. I have experience building financial models that provide a clear, data-driven approach to investment decisions and project feasibility. While I bring strong analytical and finance skills to the table, I much prefer to be involved in the actual work of getting deals done rather than sitting behind a spreadsheet all day. Moreover, I'd much prefer to make a connection on here, as opposed to the mundane Indeed job search.

I also have a $100K line of credit that I’d be willing to invest as part of a partnership in the right opportunity. I’m looking for an investor or firm in Dallas who could use an experienced, finance-minded team member with hands-on project management skills and a deep understanding of real estate development. If you're growing your business and looking for someone who can both contribute to daily operations and bring capital to the table, I’d love to connect and see if we can create a win-win opportunity. Looking forward to hearing from like-minded investors—feel free to comment here or send me a message.

Hey Dan,

I've loosely followed your journey on here--thanks for continuing to share. I have a similar passion for Wright, Rand, and for architecture. I'm coming at it from the finance side; I'm currently wrapping up my graduate degree in finance. 

I think your general ethos aligns with the ideas outlined in ULI's incredible book for developers; I definitely recommend: https://a.co/d/2g0bxnx

Have you thought about investing out of state? I'm in the small Eugene market, which in terms of industry and jobs offers no real reason to be here. Population and job growth just isn't ideal. As a result, I'm thinking about investing in higher growth areas in the Midwest. There are a lot of places that stand to grow significantly over the next couple of decades but that are still affordable enough for learning/growing stage investors. Moreover, many municipalities are adopting new middle housing codes, so if you pick up properties at affordable rates that have big lots, then after a few years of appreciation you'd be in a good position to redevelop them.

Hope you're well, stay in touch!

Hey Dan, 

Yes, I'd love to connect sometime. Nice job on moving forward on your new lot--best of luck on what you do with it next.

Brilliant post. I share your sentiments. Thanks for sharing your inspiration beyond merely making money. The finance obviously has to be right, but other things are often overlooked, such as the beauty that can be inherent in good architecture. Please do yourself a favor and watch this documentary by philosopher Roger Scrutton https://vimeo.com/549715999. He muses upon the importance of beauty, specifically in architecture, for the human soul. Architecture is everywhere among us--if it ugly, or if it has been build with only the function in mind, then what impact does that have on us? Also, if people are interested in returns then they should prioritize building beautiful things. The most beautiful buildings are the ones that generate the most economic value over time. 

In any case, I share your vision and I'm currently undertaking a similar plan of action. Reach out if you want to chat more. Let me know what you think about the doc!

No, basically they said that my land is big enough for two lots with one house on each. All I would need to do is divide it. Thanks for the heads up